IDBI to stop funding new iron, steel projects
The Industrial Development Bank of India (IDBI) has decided against funding any new proposals for grassroot projects in iron and steel sector. The move comes in the wake of poor performance witnessed by the steel industry in general.
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Ficci president calls for insurance sector reforms
The Federation of Indian Chambers of Commerce and Industry (Ficci) president, KK Modi, has called for opening up of the insurance sector. He further maintained that one of the important tasks before the new government is the opening up of insurance sector.
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